093_HB3443
LRB093 05080 NHT 05140 b
1 AN ACT relating to community scholarship matching grants.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 1. Short title. this Act may be cited as the
5 Community Scholarship Matching Grants Act.
6 Section 5. Definitions. In this Act:
7 "Commission" means the Illinois Student Assistance
8 Commission.
9 "Community scholarship organization" means an
10 organization that is exempt from taxation under Section
11 501(c)(3) of the Internal Revenue Code of 1986 and that
12 awards higher education scholarships to students without
13 regard to age, gender, marital status, race, color, national
14 origin, ancestry, physical disability, or religion.
15 Section 10. Matching grants program. The Commission
16 shall establish and administer a program that awards grants
17 to community scholarship organizations. The amount of the
18 grant per year for each organization that applies and
19 qualifies shall equal the amount that the organization has
20 awarded in scholarship funds that year, not to exceed $2,000.
21 Section 15. Rules. The Commission may adopt any rules
22 necessary to implement this Act.